Tesla Still Owns its $780M in Bitcoin: Arkham Intelligence
Despite rumors of a potential sale or liquidation, electric vehicle company Tesla still appears to hold its entire Bitcoin investment, which is currently valued at $780 million.
Despite rumors of a potential sale or liquidation, electric vehicle company Tesla still appears to hold its entire Bitcoin investment, which is currently valued at $780 million.
The computational power of Bitcoin has recently reached an unprecedented high, as reported by Glassnode.
The SEC has approved changes to stock exchange rules that will allow for the listing of options tied to spot bitcoin ETFs.
Robinhood has made a major announcement to broaden its range of services by offering futures for Bitcoin and Ethereum.
Kraken has announced the release of its own ERC-20 representation of Bitcoin, called kBTC, on October 17.
The Italian government is exploring a significant increase in the capital gains tax for Bitcoin investments, raising it from the current 26% to a substantial 42%.
As the price of Bitcoin continued to rise while the altcoin market remained stagnant, Bitcoin’s dominance increased to its highest level since April 2021.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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